Canva restructuring hits 1,271 staff as nearly a quarter face layoffs or redeployment
CtrlAltDwayne · x · 2026-11-04
Australian tech giant Canva has announced a major restructuring affecting 1,271 employees, with nearly a quarter of its staff set to be laid off or redeployed. Canva is one of Australia's most successful startups; founders Melanie Perkins, Cliff Obrecht and Cameron Adams are worth over $20 billion combined.
The poster frames this as further evidence of AI-driven workforce shrinkage — companies are contracting, not expanding — and expects the trend to accelerate into 2027.
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